News

 

24.03.21

SCFI Down for 7 Weeks Running as Supply, Demand Remain Unbalanced

The Shanghai Containerized Freight Index (SCFI) stood at 1,772.92 points in Week 11, which went down 6% from the previous week and has been on the decline for seven weeks in a row, according to the...

24.03.19

OCEAN Alliance to Run 35 Svcs. with 321 Ships in FY2024

The OCEAN Alliance—CMA CGM, COSCO Shipping Lines, Evergreen Marine and Orient Overseas Container Line (OOCL)—has unveiled a new service system under which it will operate from next month through Ma...

24.03.18

WCI Down for 7 Weeks Running

The composite World Container Index (WCI) decreased by 4% from the previous week to $3,162 per FEU in Week 11, which has trended down for seven weeks in a row, according to Drewry Maritime Research...

24.03.15

Ports in China, Europe, US Operated Smoothly in Feb.

Major ports in China, Europe and the U.S. were all operated smoothly in February, according to statistics compiled by the Shanghai Shipping Exchange (SSE) on the world’s top 20 container ports (bas...

24.03.14

ONE to Enhance Connections from Nagoya, Kyushu in JK1, JK2

Ocean Network Express (ONE) will revamp its Japan Korea Express 1 (JK1) and 2 (JK2) services later this month. The fixed-day weekly JK1 service will add Nagoya to its ports of call, which will be B...

24.03.13

US Container Imports from Asia Balloon 28% in Feb.

U.S. container imports from 10 major Asian countries and regions ballooned 28.1% year on year to 1.52 million TEUs in January (based on volumes at ports of origin), according to statistics compiled...

24.03.12

US Container Imports Grows 8.6% in Jan.

Inbound cargo to U.S. major container ports is projected to remain on track to show year-over-year increases through the first half of 2024, according to the Global Port Tracker (GPT) report releas...

24.03.11

Cyber Port to Enhance NACCS Links

Cyber Port, a platform for digital transformation in trade and logistics run by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT)’s Port and Harbor Bureau, will today enhance its l...

24.03.08

Shimizu Port Container Throughput Decreases in Feb.

The Port of Shimizu in central Japan handled 40,034 TEUs of containers in February, down 1% from a year earlier, according to preliminary statistics compiled by the Shizuoka Prefectural Government'...

24.03.07

FIATA Welcomes FMC Ruling on D&D Billing Practice

The International Federation of Freight Forwarders Association has welcomed the U.S. Federal Maritime Commission (FMC)’s ruling on demurrage and detention billing practices in the context of substa...

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